Applied Optoelectronics, Inc. (NASDAQ:AAOI – Get Free Report) was the target of unusually large options trading on Thursday. Investors purchased 73,645 call options on the stock. This represents an increase of approximately 59% compared to the average daily volume of 46,409 call options.
Insider Buying and Selling at Applied Optoelectronics
In related news, Director Cynthia Delaney sold 56,575 shares of the company’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $189.23, for a total transaction of $10,705,687.25. Following the completion of the sale, the director owned 59,647 shares in the company, valued at approximately $11,287,001.81. This represents a 48.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Stefan J. Murry sold 33,000 shares of the company’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $173.26, for a total value of $5,717,580.00. Following the sale, the chief financial officer owned 451,906 shares of the company’s stock, valued at $78,297,233.56. This trade represents a 6.81% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 389,321 shares of company stock valued at $57,608,524 in the last three months. Insiders own 3.80% of the company’s stock.
Hedge Funds Weigh In On Applied Optoelectronics
Large investors have recently modified their holdings of the business. Allworth Financial LP increased its stake in shares of Applied Optoelectronics by 1,923.7% in the fourth quarter. Allworth Financial LP now owns 769 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 731 shares in the last quarter. Comerica Bank purchased a new position in shares of Applied Optoelectronics in the third quarter worth about $28,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of Applied Optoelectronics by 166.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,200 shares of the semiconductor company’s stock worth $42,000 after purchasing an additional 750 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Applied Optoelectronics in the fourth quarter worth about $55,000. Finally, Headlands Technologies LLC purchased a new position in shares of Applied Optoelectronics in the second quarter worth about $57,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.
Applied Optoelectronics Stock Performance
Applied Optoelectronics (NASDAQ:AAOI – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The semiconductor company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.02). Applied Optoelectronics had a negative return on equity of 4.64% and a negative net margin of 8.55%.The company had revenue of $151.14 million during the quarter, compared to the consensus estimate of $156.98 million. During the same period in the prior year, the firm posted ($0.02) EPS. The business’s revenue was up 51.3% on a year-over-year basis. Applied Optoelectronics has set its Q2 2026 guidance at -0.030-0.030 EPS. On average, analysts forecast that Applied Optoelectronics will post 0.6 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Several brokerages have recently commented on AAOI. Northland Securities reiterated a “market perform” rating and issued a $55.00 target price on shares of Applied Optoelectronics in a report on Friday, February 27th. Wall Street Zen downgraded shares of Applied Optoelectronics from a “hold” rating to a “sell” rating in a report on Monday, April 13th. Raymond James Financial restated an “outperform” rating and issued a $160.00 target price on shares of Applied Optoelectronics in a research note on Friday, May 8th. Rosenblatt Securities restated a “buy” rating and issued a $50.00 target price on shares of Applied Optoelectronics in a research note on Thursday, February 19th. Finally, Needham & Company LLC boosted their target price on Applied Optoelectronics from $43.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday, February 27th. Three equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Applied Optoelectronics has a consensus rating of “Hold” and a consensus price target of $79.80.
Read Our Latest Stock Analysis on Applied Optoelectronics
Applied Optoelectronics Company Profile
Applied Optoelectronics, Inc develops and manufactures high-speed fiber-optic networking products designed to support the growing bandwidth demands of data centers, telecommunications carriers and internet content providers. The company’s core offerings include pluggable optical transceiver modules, transponders and optical components that enable data transmission at rates ranging from 1G to 400G. These products are used to facilitate long-haul, metro and intra-data center connectivity, addressing the need for scalable, low-latency and energy-efficient solutions in modern network infrastructures.
The company’s product portfolio spans small-form factor pluggable modules such as SFP+, QSFP+ and QSFP28 units, as well as more advanced form factors like CFP2 and OSFP for ultra-high-speed applications.
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